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China to impose consumption tax on e-cigarettes
Updated: Oct 25, 2022
By Cheng Yu
chinadaily.com.cn
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The Ministry of Finance said on its website on Tuesday that it will impose a consumption tax on e-cigarettes sold in China from Nov 1, so as to better guide healthy consumption.
A tax rate of 36 percent will be placed on the production or import of e-cigarettes, while an 11 percent of tax will be placed on the wholesale distribution of e-cigarettes, the ministry said.
chengyu@chinadaily.com.cn
